Effect.AI Token Sale Recap
From the bottom of our hearts: thank you
Before we say anything else, a huge thank you to everyone for the overwhelming amount of support we have received over the last few months - and during the last few days especially! With your help, Effect.AI managed to raise a staggering 11 million euro in just five days in what can only be described as a hugely successful Public Token Sale. With more than double our soft cap reached, we now have the mandate we need to continue building The Effect Network and expand the project.
The Stats
- Project successfully funded with over € 11 million raised
- People from over 120 countries took part in the Token Sale
- 18.107 participants successfully applied for the Whitelist
- Telegram community of 25.500
Fair Share Distribution
Our approach to conducting a fair and transparent Token Sale with Fair Share Distribution worked even better than expected. The announcement that Stage 1 of the Effect.AI Token would have a personal cap of 1200 euro was rewarded with numerous contributions from many different countries. We were very pleased with the results of trying for a more evenly distributed Token Sale. In terms of building a resilient and lasting platform that is supported by a large and diverse community, the significance of this success cannot be overstated.
Security
Needless to say, scammers also showed a lot of interest in the Effect.AI Token Sale. Our dedicated support team, therefore, went to great lengths to make sure Effect.AI community members were not taken advantage of. Through Telegram, the newsletter and all the other channels available to us, participants were constantly reminded not to respond to unsolicited requests to transfer funds and to be wary of scammers impersonating team members or support email addresses. When all was said and done:
- We had no data breaches of any kind
- Hundreds of scammers were banned from Telegram
- Losses by community members were negligible.
Success in turbulent times
It is no secret that the Effect.AI Token Sale opened during fairly adverse market conditions. Despite this down market, despite many other token sales failing to reach their soft caps and despite doubts from onlookers and competitors, the Effect.AI Token Sale was a resounding success. We consider beating the odds like this, with the incredible volume of support we’ve seen, a ringing endorsement for The Effect Network and our plans for the future.
It begins now
The Effect.AI Token Sale was an incredible event and we are humbled to have received so much support from you, the Effect.AI community. However, this is just the beginning of what will be an epic journey. More updates are coming soon!
Chris & The Effect.AI Team
Effect.ai
T.me/effectai
Facebook.com/effectai
Twitter.com/effectaix
Github.com/effectai
Congratulations for an awesome result!
It's a pity that hard cap wasn't reached, but none the less awesome result! And in the middle of a bear market!!!
Keep up the good work. Effect AI is now on my portfolio.
Really thank you for giving us this great opportunity to participate in this project.gald to be part of this great project.this is just a beginning.there is farther to http://go.so many goals to achieve.hope team will work hard to get this done.
Congratulation. During down market, most of ICOs cannot reach soft cap, or the price of ICOs token is dumped baldly after the main sale. You and your team did a good job, keep it up. I also joined your bounty campaign, it's managed well and professional. Glab to be part of this project. Thanks for your hard works
The concept and purpose of this project is very good. This is the foundation that explains the benefits of this project in the future. I hope the development team can do their best at every opportunity to make this project grow into a great and rewarding project for many people
It is evident that the project has a team of professionals who know their job,who wants to succeed in this life,I advise you to further explore this company!
Indeed very well done tokensale. Over 18k participants is a solid number to make a community around http://Effect.AI platform. Congratulations again!
I have seen a lot of ICOs, yet did not see one like Effect.ai which went as scheduled and very smoothly. There is no doubt that they will release the platform very soon. Those who participated in ICO are the best decision makers.
This we must thank you for the excellent leadership and organization in the sales process. Also for support at all stages.
guys from the effect carried out a very high-quality token sale, not many can boast of this
All information about the project was reported in a transparent and careful manner. I trust #EFFECT to be the best project in 2018. Thanks for the announcement.